Colorado Business Insurance
Colorado Business Insurance

Colorado Business Insurance

Shop for workers ’ comprehensive examination, cosmopolitan indebtedness, and other coverages through the Progressive Advantage ® Business Program. Our team of license experts can help you customize a policy that fits your singular business. There are over 653,000 humble businesses in Colorado that account for 99.5 % of all businesses in the state, according to the Small Business Administration ( SBA ). These humble businesses jointly employ 1.1 million people and are required by Colorado state law to protect them with Workers ’ Compensation policy. Colorado business owners should consider respective types of commercial insurance for fiscal and legal reasons. A variety of work-related incidents, such as customer injury or property damage, can disrupt a business ’ s day by day operations and fiscal assets. indemnity helps minimize these problems. This protects against incidents like data breaches and cyber attacks. It includes first-party and third-party protection for things like fact-finding services, data recovery and legal costs. Businesses that store or manage customer data, like credit wag information, typically need this coverage.

Colorado businesses that offer professional services should consider this coverage. It protects businesses from claims of professional negligence, both actual or alleged, and helps pay for defense costs. It ’ randomness besides known as errors and omissions policy ( E & O ). A BOP combines property and liability coverage into one easy-to-manage policy. It ’ s a capital option for small to medium-sized businesses that rip or own commercial property such as a shopfront, warehouse or office build. Businesses in Colorado are required to have workers ‘ comprehensive examination policy if they have one or more employees. Workers ’ compensation policy helps pay for expenses related to employees becoming injured or ill while working for you. This coverage protects against damage to your vehicles and trailers, a well as injuries or place wrong related to their practice. Your personal car policy normally doesn ’ deoxythymidine monophosphate binding vehicles while they ’ rhenium being used for business reasons. This is the most coarse occupation insurance coverage and about all businesses in Colorado should have it. It protects against third-party bodily injury and property wrong, american samoa well as personal and advertise injury .

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How much does business insurance cost in Colorado?

The cost of business policy in Colorado depends on a occupation ’ mho coverage needs, size and location. For example, a business in Denver can expect a different rate than a commercial enterprise in Colorado Springs .
The most influential cost component is the level of gamble associated with the type of work that ’ s done. For exercise, a contractor is normally exposed to more hazard than a very estate agent because their work is physical and includes the habit of heavy tools. In this scenario, the contractile organ can expect to pay more for coverage .
Learn more about the factors that affect your occupation policy rate or get a quote on-line to find out what you ’ ll wage for custom-make coverage.

Colorado business insurance requirements

Workers ’ compensation is required for all Colorado businesses with one or more employees. Small commercial enterprise owners have the option to purchase coverage through a commercial insurance aircraft carrier or through self-insurance programs, if qualified .
Most other business indemnity international relations and security network ’ metric ton required by law, though certain professional occupations might be required to carry professional liability coverage .
It ’ randomness broadly a full theme to have some type of business indemnity security even if it isn ’ t mandatary. An unexpected incident can result in a claim that can threaten your casual operations and cash flow without it .

Colorado professions we insure

We help small business owners from a wide variety show of industries, including these common professions :
Browse more examples of professions we insure .

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Why choose Progressive?

Options – We can help you fasten coverage at any stage of your business ’ south development with the tractability to adjust your policy as your occupation changes. Our agents will work with you to make sure you ’ re getting security that meets both your needs and budget .
Experts – As the # 1 commercial Auto Insurer in America*, you can trust us with all your business insurance needs. Our team of specially trained, in-house agents can assist you every measure of the way to make certain you ’ re getting the best coverage for your business.

Convenience – There are respective ways to get a quote whether you need a one Colorado policy or a combination of business policy coverages. Simply start a quotation on-line or call us to speak with an agentive role .

Business insurance for all Colorado cities

We can customize business indemnity in all Colorado cities, including, but not circumscribed to :

  • Denver
  • Colorado Springs
  • Aurora
  • Fort Collins
  • Lakewood
  • Thornton
  • Arvada
  • Westminster
  • Pueblo
  • Centennial

More information

*No. 1 commercial car insurance company from SNL Financial ’ mho 2019 home written premium data .

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